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Chicago Federal Reserve

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Macro Economy & Fiscal Policy 05 Oct 2026, 11:03 PM IST

Goolsbee Says Steady Jobs Market Keeps Inflation at the Fed’s Forefront

Chicago Fed President Austan Goolsbee said recent US labour-market data point to a steady economy, but not one that has yet relieved policymakers’ inflation concerns. He signalled that the Federal Reserve needs stronger evidence that price pressures are moving sustainably toward its 2% target before considering any rate move.

By RDU Global Wire5 min read
Global Markets & EquitiesRecently

Williams Signals No Rush on Rates as Goolsbee Warns Against Fed Overreach

Federal Reserve Bank of New York President John Williams said the central bank could still raise interest rates once more before year-end, but stressed that policymakers are not in a hurry and want more data before deciding. He projected inflation may finish the year around 3.5% before gradually returning to the Fed’s 2% target by 2028, underscoring a slower disinflation path than markets would prefer. Chicago Fed President Austan Goolsbee separately cautioned against over-tightening, warning that policymakers should avoid “playing with fire” as the economy remains sensitive to higher borrowing costs.

5 min readRead →
World Politics & Diplomacy11h ago

Pope Leo XIV Hails Youth 'Energy and Commitment' as 700,000 Pack Paris Mass

Pope Leo XIV drew an estimated 700,000 worshippers to an open-air Mass in Paris, praising young Catholics for the "enthusiasm, energy and commitment" they bring to the Church. The event, staged on the Place de la Concorde during his four-day visit to France, blended religious pageantry with political symbolism, as senior French figures and presidential hopefuls looked on.

5 min readRead →
Society, Crime & Public Affairs8h ago

'Neagley' Review: A Lean, Jolly Good Comfort Watch That Lets Maria Sten Lead

Amazon Prime Video's new Reacher spin-off, Neagley, arrives as a brisk, self-contained crime thriller that keeps Alan Ritchson's Reacher at the edges while putting Maria Sten's Frances Neagley firmly at the center. Built around a personal mystery, a quirky investigative team and a suitably twisty conspiracy, the series aims less for reinvention than for dependable, high-velocity entertainment.

6 min readRead →
Space Exploration & Commercial Space11h ago

Nor'easter Batters U.S. Northeast With Flooding, Outages and Emergency Declarations

A powerful nor'easter is sweeping across the northeastern United States, bringing coastal flooding, strong winds, heavy rain and widespread travel disruption from Virginia to Maine. New York and New Jersey have declared states of emergency as officials warn of dangerous inundation, power outages and worsening conditions tied to Saturday's full moon.

5 min readRead →
World Politics & Diplomacy10h ago

AI's Blue-Collar Boom Is Creating High-Paying Jobs — and a New Backlash Risk

The AI revolution is not only threatening jobs; it is also creating a fast-growing labor market for electricians, welders, pipefitters, HVAC technicians and other skilled trades needed to build and run data centers. But as the physical footprint of AI expands, rising costs, local resistance and regulatory friction could slow the very infrastructure boom now fueling blue-collar hiring.

6 min readRead →
Frontier AI & Machine Learning05 Oct 2026, 05:34 PM IST

Federal Judge Says Flock Plate Searches Amounted to ‘Indiscriminate Mass Surveillance’

A federal judge has ruled that a sheriff’s deputy violated a woman’s Fourth Amendment rights by using Flock’s license-plate search system to look up her vehicle without a warrant. The decision sharply escalates the legal scrutiny facing automated plate-reading tools, framing them as a potential vehicle for warrantless surveillance rather than a routine law-enforcement aid.

5 min readRead →
Frontier AI & Machine Learning04 Oct 2026, 07:52 PM IST

Federal Judge Says Flock Search Amounted to Indiscriminate Mass Surveillance

A federal judge has ruled that a sheriff’s deputy violated a woman’s Fourth Amendment rights by using Flock’s license-plate search tools to look up her vehicle without a warrant. The decision sharpens legal scrutiny of automated plate-reading systems and raises fresh questions about how far law enforcement can go in using AI-enabled surveillance networks without judicial oversight.

5 min readRead →
Frontier AI & Machine Learning04 Oct 2026, 11:50 AM IST

Sanders Unveils Bill to Bar Federal Use of Flock License Plate Readers

Sen. Bernie Sanders has introduced legislation that would prohibit the federal government from using Flock, the automated license plate reader platform increasingly deployed across U.S. law enforcement. The proposal would also extend to other automated license plate readers, sharpening the debate over surveillance, privacy, and the federal role in local policing technology. The bill arrives as public scrutiny intensifies around how vehicle-tracking systems collect, store, and share location data.

6 min readRead →
Big Tech, Cloud & Semiconductors03 Oct 2026, 10:53 PM IST

Two Federal Breaches in a Month Expose a Deepening U.S. Cybersecurity Crisis

A pair of intrusions at federal agencies within the span of a month has exposed a trove of sensitive data and intensified scrutiny of the government’s cyber defenses. The breaches underscore how persistent weaknesses in identity security, cloud governance and vendor oversight continue to leave critical systems vulnerable despite years of warnings and spending.

6 min readRead →
Frontier AI & Machine Learning03 Oct 2026, 03:18 PM IST

Sanders Moves to Bar Federal Use of Flock License Plate Readers

Sen. Bernie Sanders has introduced legislation that would prohibit the federal government from using Flock automated license plate readers, escalating a growing national fight over surveillance technology and civil liberties. The proposal would also extend to other automated license plate reader systems, signaling a broader effort to curb federal access to vehicle-tracking tools used by law enforcement agencies across the country.

5 min readRead →
Big Tech, Cloud & SemiconductorsRecently

Two Federal Breaches in One Month Expose a Deepening U.S. Cybersecurity Failure

A pair of cyber intrusions at U.S. federal agencies within the span of a month has exposed a troubling volume of sensitive government data, underscoring persistent weaknesses in public-sector cyber defenses. The incidents, coming amid heightened concern over cloud and supply-chain security, have intensified scrutiny of how federal systems are protected, monitored, and segmented.

6 min readRead →

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